On January 24, 2022, Lucid Law will host its next session of its Fresh Start Workshop Series – Reverse Mortgages with Earl Schick of Crown Home Mortgage. This session will discuss the benefits of reverse mortgages. For anyone facing financial difficulties or considering bankruptcy, this educational program will cover the following reverse mortgage benefits:

  • Refinancing opportunities to create cash flow
  • Spousal divorce buyouts
  • Strategic planning around Chapter 7 protection
  • Creating an income stream
  • Debt consolidation
  • Strategic planning around sequence of returns risk in investment markets
  • Buying a home without having a monthly mortgage payment
  • Buying a vacation home using the primary homes equity without having a mortgage payment
  • Tax Free Gifting

When, Where & Registration

This workshop will take place at 12:30 on January 24 at Lucid Law’s office (1065 Route 22 West, Suite 2B, Bridgewater, New Jersey) or via Zoom. Lunch will be provided to in-person attendees. For more information or to register, please click here.

Schick says, “Today’s reverse mortgages are not the same as Grandma’s reverse mortgages and unfortunately there are too many myths and misinformation about them. As your Generational Lending Specialist, please allow me to provide clarity and guidance by answering all your questions. I will break it all down making it easy to understand, please be confident that there aren’t silly questions so write them all down and bring them.”

Karina Lucid, Founder and President of Lucid Law, adds, “Whether you want to improve your quality of life with a steady income source, or make sure you’re prepared for whatever unexpected bill you may face, it’s crucial to make the most of the options available to you. Earl is a great resource, so I encourage all to learn about the benefits of reverse mortgages from him. Lastly, I truly thank Earl for taking the time to share his expertise with our clients and friends.”